Cost Accountant

Company: Planet Forward
Location: Schaumburg
Posted on: June 20, 2022

Job Description:

Essential Duties and Responsibilities:--- Prepares weekly raw material variance reporting and review with operations.--- Prepares weekly direct labor reporting and review with operations.--- Prepares weekly temporary labor payroll and submit to accounts payable.--- Prepares both monthly raw material & direct labor variance summary, review with operations and post journal entries.--- Supports bill of material and labor router preparation, 24 Month annual plan and quarterly updates and operational statistics.--- Collects and prepares operational statistical information for monthly reporting.--- Maintains product bill of materials and labor routers accuracy.--- Conducts cost audits of bills of material to update standard costs for finished goods and work-in-process and to ensure Ross and bills of material are accurate.--- Prepares various monthly journal entries.--- Prepares account reconciliations.--- Analyzes month-end variances from plan, and discuss with Cost Accounting Manager, Director, and CFO.--- Prepares, analyzes & interprets cost and margin reporting.--- Assists in PPV maintenance, reporting and billing.--- Learns Billing process to act as back-up when necessary.--- Learns Cash Application to act as back-up when necessary.--- Participates in year-end inventories.--- Interact with financial auditors for yearly financial audits.--- Attends weekly inventory meeting to support Operations, Quality Control, and Material Management with any system or accounting issues.--- Participates in sensory training and evaluation to help ensure the highest quality of our products.--- Suggests ways to control labor and supply costs as well as improve processes.--- Ensures that all work activities are performed with attention to the highest standards for quality, safety and compliance with all appropriate legal and food safety requirements and a focus on continuous improvement.--- Follows all company policies & procedures as well as the GMP's (Good Manufacturing Practices).--- Maintains a high level of safety awareness for an accident-free work place.--- Reports any unsafe or hazardous work conditions or safety-related issues to Management.--- Accomplishes all tasks as appropriately assigned or requested.
Education, Skills and Experience:--- Bachelor's Degree (B.S.) in Accounting or other related field.--- CPA or MBA a plus. Cost Accounting classes a plus.--- 0-2 years Process Manufacturing cost accounting experience a plus.
Skills and Experience:--- Ability to compute by adding, subtracting and averaging numbers.--- Ability to effectively present information and respond to questions from Management and vendors.--- Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.--- Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists.--- Ability to multi-task, be detail orientated, and have good organizational skills.--- Proficiency in Microsoft applications.--- Ability to thrive in a constantly changing environment.--- Ability to multi-task, be detail orientated, and have good organizational skills.

Keywords: Planet Forward, Schaumburg , Cost Accountant, Accounting, Auditing , Schaumburg, Illinois